Repo(Repurchase Agreements)

Repo(Repurchase Agreements)
Corporate Finance Institute (CFI) on-demand courses are designed for finance professionals and industry practitioners who want to master the art of corporate finance. The courses move through three levels of mastery for anyone looking to be an expert in financial modeling, valuation, and financial analysis. Participants typically include professionals in entry to mid-level positions in financial planning and analysis (FP&A), corporate development, treasury, investor relations, and capital markets. All participants are automatically issued certificates of completion after successfully finishing each course.


NOTE: Course login details are normally sent to registrants within one week from date of registration.

EL22230511

This Repo course examines the core concepts of short-term funding. We will look at the different types of Repos, alongside who would use them and why, while assessing the risks of the trade along the way. From the nuances of what motivates a Repo trade, to how to calculate payments, we will go through the broadest concept to the smallest detail.

LEARNING OBJECTIVES:
This Repo course will give you a practical understanding of how the Repo market allows financial institutions that own large volumes of securities to borrow cheaply, while simultaneously allowing others that hold excess cash to earn small returns with low risk.

Major learning outcomes of this course include being able to:

  • Explain the full life cycle of a Repo trade from the perspective of both counterparties
  • Calculate Repo Interest, as well as security generated income (i.e. coupon), and understand their treatment¬†
  • Identify the differences between General Collateral and Special Repos, and in what scenario each trade type is used
  • Compare and contrast the differences between Repos/Reverse Repos and Buy Sell Backs/Sell Buy Backs
  • Appreciate the risks associated with entering into Repo trades and how they can be managed
  • Explain the concept of negative rates in the Repo world and understand their significance
CPD- 2 Hours
When
4/1/2022 - 3/31/2023 11:59 PM
Where
On-demand